And they need a tax cut? GE led by Immelt, Obama's point man on job creation, has 16% less American employees while increasing employees overseas since 1999. Chart from the WSJ.
Now the EMRATIO:
Check out the spike in wages for the top 10% and the flattening for all others over that time frame:
Consumer Debt:
US National Debt:
Corporate Profits:
Most Americans have no idea how truly fucked they are. The collapse will be swift and hard.